capital-commitment-request

Vocabulary Word

Definition

The phrase 'capital commitment request' indicates a formal request made by a department or a project leader for funds to be allocated for a specific task or project. Essentially, you're asking for a guarantee that the money will be there when you need it.

Examples in Different Contexts

In fundraising, a 'capital commitment request' asks investors to commit their financial support formally. An investment manager might detail, 'We send a capital commitment request to clarify the terms and conditions of the investment.'

Practice Scenarios

Tech

Scenario:

Our startup is at a stage where we need significant investment for growth. Have we approached the right kind of investors?

Response:

Absolutely, I've already compiled a capital commitment request which outlines our financial needs. I plan on pitching it to select VC firms soon.

Public Policy

Scenario:

The city's infrastructure upgrade requires a massive capital commitment. How will we allocate the budget?

Response:

We're working on a capital commitment request to secure funding for this project. It will take some negotiation, but I believe we can allocate the resources we need.